Jan Dehn, Head, Research at Ashmore Investment Management says there is a big risk of inflation in the country; especially due US President-elect Donald Trump's policies which pose inflation risks.
In an interview to CNBC-TV18 Verstraete says its profit taking together with disappointment from Japanese quantitative easing (QE) which underwhelmed investors. Also, consumers in US have not spent as much as expected.
If the US Fed does hike its interest rate, it will be for a good reason, but if not, the economy still needs recovering, says Bruno Verstraete, Partner at Lakefield Partners.
According to Bruno Verstraete of Lakefield Partners, US dollar will show the way for the market – weaker the dollar better it is for commodities and emerging markets because it will help bring back risk-on in the market.
Though the impact of the blasts will be short lived and there won't be any substantial impact if consumer sentiment is not affected too much by it, says Bruno Verstraete of Lakefield Partners
Bruno Verstraete of Lakefields Partners, says dollar weakness and positive earnings are key needs of market, adding, if it (dollar) continues to weaken, it may trigger rally in commodity prices causing dollar to weaken further.
Prakash Diwan of prakashdiwan.in says is of the view that market may further fall 5 percent going forward.
Bruno Verstraete of Lakefield Partners believes that the volatility risks are likely to continue going forward.
Bruno Verstraete of Lakefield Partners believes the US needs to pull global markets forward and show that the economy is in a good shape
In an interview with CNBC-TV18's Latha Venkatesh and Nigel D'Souza, Bruno Verstraete of Lakefield Partners discussed the state of global markets and whether the world economy was good enough to support the continuation of the global rally.
The overall consequence would be even more negative in case of a debt relief and possibly the International Monetary Fund (IMF) is going to clash with the ECB (European Central Bank) and the Eurozone politicians, says Bruno Verstraete, Partner, Lakefield Partners.
Speaking to CNBC-TV18, Verstraete says the worst case scenario which the market has priced in is Grexit while what has not been taken into account is the long term write-off in the industrialised European countries.
Speaking to CNBC-TV18 about the future outlook on European market, Bruno Verstraete, Lakefield Partners says will remain volatile and weak depending upon the political developments that take place amongst European Central Bank (ECB) and the Internaionla Monetary Fund (IMF) and the European nations.
Verstraete says the general mood across Eurozone is very positive and expect low euro to boost earnings and benefit exporters in the zone
Exporters can make hay from the weak euro, which went down quite a bit in the last few months, says Bruno Verstraete. This can take European markets higher.
The Bank of Japan (BOJ) on Friday expanded its monetary base target. It will expand annual bond purchases to 80 trillion yen a year, up from the current 50 trillion yen, and will also extend the duration of bonds it holds to about 7-10 years.